KARACHI: There are more than three million cars in Pakistan, while around 0.8 million of these are traded every year. Of these, some 40 percent to 50 percent cars have already been placed online. This was revealed at the 12th anniversary celebrations of Pakwheels.com held in Lahore.

Hanif Bhatti, the founder of Pakwheels.com and others were present on the occasion.

Hanif Bhatti highlighted the mission and commitment of Pakwheels.com and said Pakistan had the potential to become a leading auto manufacturing and exporting hub in Asia. “Our people have become smart buyers and sellers and look for easy access to information related to cars and processes that facilitate instant trading via credible online portals,” he said.

A cake-cutting ceremony was held to commemorate the anniversary, followed by a discussion session in which leading automobile experts, members and auto fans gave their views about numerous issues and concerns relating to automobiles.

Suneel Sarfaraz Munj, Chairman Pakwheels.com said that because of the growing internet population in the country, the entire car trading activity would be shifted online in the next five years.

Having evolved as the leading online marketplace to buy and sell cars, motorcycles and other vehicles in a very short time, Pakwheels.com offers market updates, reviews, comparative analyses, new offerings and a dedicated blogging forum.

“Thanks to Pakwheels.com, auto enthusiasts in Pakistan now live in a pretty new world with everything at their fingertips and that too 24/7,” said Munj.—PR